Bearish trend is over

[Altcoins enthusiast]

Since bitcoin and the cryptocurrencies markets get into bearish trend since December 16, 2017 we have seeing alot of comments and post about people and traders asking were is the bottom and should we buy and hold?  I think personally, the downward trend is over when bitcoin push above $10,250 and $10,850 this morning!  The bullish trend has been trigger and bitcoin is going to break the December high of $19,000 and move above that level towards $25,000 before we can see another major bearish again. What did you think?

[1714159327]

1714159327

[gribble]

Since bitcoin and the cryptocurrencies markets get into bearish trend since December 16, 2017 we have seeing alot of comments and post about people and traders asking were is the bottom and should we buy and hold?  I think personally, the downward trend is over when bitcoin push above $10,250 and $10,850 this morning!  The bullish trend has been trigger and bitcoin is going to break the December high of $19,000 and move above that level towards $25,000 before we can see another major bearish again. What did you think?

Yes i agree with you, the trend of bearish was over, personallity i have made open buying position and holding them for couples weeks later, when the price goes up and i have got the enough profit will open selling position and taking profit. It is just my personal opinions and analysis will be different the method of analysis technical to prediction of price, let's wait and see is my prediction come true or wrong.

[lil_jb]

Since bitcoin and the cryptocurrencies markets get into bearish trend since December 16, 2017 we have seeing alot of comments and post about people and traders asking were is the bottom and should we buy and hold?  I think personally, the downward trend is over when bitcoin push above $10,250 and $10,850 this morning!  The bullish trend has been trigger and bitcoin is going to break the December high of $19,000 and move above that level towards $25,000 before we can see another major bearish again. What did you think?

It’s pretty obvious the bearish trend is over and the much anticipated correction is done . Furthermore the steady and healthy growth is a good sign, showing that ppl aren’t just throwing money in crypto at the first sign of a bullish indicator. I believe this time coins with good teams and meaningful objectives and goals will absorb most of the money this time around .

[dothebeats]

I think personally, the downward trend is over when bitcoin push above $10,250 and $10,850 this morning!  The bullish trend has been trigger and bitcoin is going to break the December high of $19,000 and move above that level towards $25,000 before we can see another major bearish again. What did you think?

If you look at the long term price behaviour, the recovery from 6th Feb up to today is not yet as large as that between 22nd Dec and 7th Jan.
The character of the Bear is not yet broken. Once we get some way above $11,000 I will be more convinced that we've turned the corner.

But looking at the current charts, there are no signs of bearish activities or any patterns that may suggest that the bears still have the momentum to push. The bullish push might seem weak, and I totally agree with that, but as long as there are no bearish movements in the market, it should be fine. We all know that this rise could be another trap, but it's already 2-3 days of solid price movement going upwards, and usually traps only appear for a couple hours before the bears pull it off and cash the losses of others but in this case, it's just smooth sailing since Wednesday.

Wouldn't be overconfident in here, but it seems that the bears' grip at the market have already weakened.

[shimbark123]

Goodness gracious. Thank you lord for this. I am really hoping for the bearish market to finish and right now, bitcoin and other cryptocurrencies are recovering. Good things are coming. Bitcoin is now fighting out of fuds. Good for cryptocurrency. Don't sell by now, hodl.

[TheUltraElite]

Goodness gracious. Thank you lord for this. I am really hoping for the bearish market to finish and right now, bitcoin and other cryptocurrencies are recovering. Good things are coming. Bitcoin is now fighting out of fuds. Good for cryptocurrency. Don't sell by now, hodl.

Bitcoin does not "fight" out of FUD. It is the traders and the people who have invested money into crypto who are learning the true nature of crypto. The economy is stimulated by FUD spread by shills on every social media on the internet. Be it Youtube twitter or reddit. The last one is a breeding ground of shills and conspiracy theorists with no brains.

Still the people understand the potential of making money from crypto will hold their coins and sell later on.

[BrewMaster]

i doubt that we are going to see an ATH this soon because the ATH is so far away (that is twice the current price). and there are no hypes going on to bring that many new investors to bitcoin like there were back in December that actually causes the huge rise.

but we are headed that way and you are correct that the bearish trend for bitcoin is now over.
we may see some big hype if LN does something, like being adopted by an exchange for example.

[raoulsergia]

i doubt that we are going to see an ATH this soon because the ATH is so far away (that is twice the current price). and there are no hypes going on to bring that many new investors to bitcoin like there were back in December that actually causes the huge rise.

but we are headed that way and you are correct that the bearish trend for bitcoin is now over.
we may see some big hype if LN does something, like being adopted by an exchange for example.

Its not that far away in log charts, maybe with more good news we can see new ath in 2018!

[Nerman]

Since bitcoin and the cryptocurrencies markets get into bearish trend since December 16, 2017 we have seeing alot of comments and post about people and traders asking were is the bottom and should we buy and hold?  I think personally, the downward trend is over when bitcoin push above $10,250 and $10,850 this morning!  The bullish trend has been trigger and bitcoin is going to break the December high of $19,000 and move above that level towards $25,000 before we can see another major bearish again. What did you think?

Yes the bearish trend is over and i am positive that the bulls are now in control. If we see price dips i am not expecting any drastic changes. Also the $6k and $8k support line was able to hold. For a new all time high it is possible this quarter or early second quarter. Then i bet there will be another price correction.(opportunity to buy again)

[Rexler]

Don't be so sure though. Sometimes, There's a small bull trend which is followed by the bear trend. This has been repeated a couple of times over. I think It's still too early for the downtrend to be over. Y'all need to be careful

[richcorner100]

In next a few month the price of Bitcoin will surpass the highest price level before, just take alook in to circulating supply of Bitcoin is limited and in this world just about 1 % people know and understand about Bitcoin. And Bitcoin and blockchain technology was give many benefits to the many kind of industry.

[Dontme]

Since bitcoin and the cryptocurrencies markets get into bearish trend since December 16, 2017 we have seeing alot of comments and post about people and traders asking were is the bottom and should we buy and hold?  I think personally, the downward trend is over when bitcoin push above $10,250 and $10,850 this morning!  The bullish trend has been trigger and bitcoin is going to break the December high of $19,000 and move above that level towards $25,000 before we can see another major bearish again. What did you think?

Well, if we consider that it is now the end of bearish market then we should expect the bullish market where I think there is no downside already but always rising. If bearish market is over what would happen about? There are some people again make investment in btc then when after bullish there are bearish market again they gonna give up again their btc and stop crypto? Well if people like that always and never know about the market that there is always ups and down it will go not successfully.

[moonblocks]

Too early to tell if the bullish trend will continue but if it stays over $10,000 then we might see more confidence return to the market again

[maydna]

Too early to tell if the bullish trend will continue but if it stays over $10,000 then we might see more confidence return to the market again

I cannot say anything about this because I think it is better to wait for the price increase again and if it is not increasing then maybe we need to wait for another time but I am sure that the price will increase later. the important here is we need to break $11k and although it is stable in that price, we can make another profit from bitcoin and also from altcoin.

[Arkham Knight]

Thank God that those FUDs got tired and bitcoin has now enough time to recover. Maybe the bear period has gone down but there is still no sign of another bull run so I hope that it will start this coming March or April.

[Arlibtchunt2018]

Since bitcoin and the cryptocurrencies markets get into bearish trend since December 16, 2017 we have seeing alot of comments and post about people and traders asking were is the bottom and should we buy and hold?  I think personally, the downward trend is over when bitcoin push above $10,250 and $10,850 this morning!  The bullish trend has been trigger and bitcoin is going to break the December high of $19,000 and move above that level towards $25,000 before we can see another major bearish again. What did you think?

For now the bearish trend is already over. The price trend could be slowly climbing with in the draft. We could see the speculation of experts are true but could it climb higher than 20K. It could be big question?  Thus the BTC price do have a chance to surpass the 20K limit or it will just stay in 10-14k$ range.

[andrey111]

According to the experts of JPMorgan, correction of bitcoin is not over yet and can go to $ 900.
I believe that these experts simply do not believe in bitcoin.
But how they were surprised when the old man broke the mark of 10 thousand and now these analysts have other forecasts, bitcoin will be traded at the level of 14 - 16 thousand dollars.
In other words, I do not believe these analysts ...

[TheUltraElite]

Thank God that those FUDs got tired and bitcoin has now enough time to recover. Maybe the bear period has gone down but there is still no sign of another bull run so I hope that it will start this coming March or April.

A bull run can happen whenever you want. All you need is the proper exposure of the correct type of FUD and there you go - you can stimulate a bunch of shills with some new conspiracy shittheory and then allow the to propagate this idea among everyone they know and everyone they dont know. 

If you are into shilling then you should already know about how to do this in chatrooms and trollboxes.

Too early to tell if the bullish trend will continue but if it stays over $10,000 then we might see more confidence return to the market again

I concur with this. I have a feel this run will continue till 15k USD and then see another correction where some people will sell but it will reach an all time high beyond 20k. Lets hope.

[m1c0]

Most FUD news are over and bitcoin & cryptos are stabilized around 10k / 500b marketcap.
There is still one more really big resistance line at $11300 for bitcoin to cross. Lets wait and see when we can make that happen, maybe this week already and bear trend should be over for now.

[MiningSensei]

"Over" is a very strong word, i do not think that it is over at 100%, but yes, it is almost over right now because everything is extremely bullish at the moment.

I am just expecting to see bitcoin going towards $14000 by next week at least.